Bank Fees and Charges

Banks Fees

If you a considering a new bank account, it is important to research the bank account’s requirements and the bank fees and charges you may be asked to pay once you open a new account.

Many banks charge fees for requirements and behaviors many customers did not even realize they were being charged for. In fact, the average American pays over $329 dollars a year in bank fees and the top 5 largest banks in the United States made over $34 Billion in overdraft fees alone in 2017.  Challenger banks such as Chime are trying to change that with a new kind of bank account with no hidden fees and offer a great banking alternative to many of the fee-riddled big bank accounts.

Below is a list of resources that describe each type of bank fee and how many banks compare on their fees.

Types of bank fees to look out for:

Comparision of bank fees for the largest banks in the United States:

Bank fees for the largest banks by city and state:

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Banking Services provided by The Bancorp Bank, Member FDIC. The Chime Visa® Debit Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. Chime and The Bancorp Bank, neither endorse nor guarantee any of the information, recommendations, optional programs, products, or services advertised, offered by, or made available through the external website ("Products and Services") and disclaim any liability for any failure of the Products and Services.

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